Ultralife reported revenue of $36.8 million for its fourth quarter of 2007, an increase of 22% compared with $30.1 million reported in the same three-month period in 2006. Revenue rose $6.7 million over the same quarter last year primarily due to higher sales of communications systems and the added contribution from RedBlack Communications (formerly Innovative Solutions Consulting) and Stationary Power Services, acquired in September 2007 and November 2007, respectively. Net income for the fourth quarter of 2007 was $4.4 million, compared with a net loss of $26.0 million, for the same quarter in 2006. For the fiscal year ended December 31, 2007 revenue was a record $137.6 million, an increase of 47% compared with revenue of $93.5 million for the same period a year ago. Net income for 2007 was $5.6 million, compared to a net loss of $27.5 million.